Reply to Escaping the permanent underclass

Forum Index » Off-Topic

Reply to "Escaping the permanent underclass"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous]We never thought building wealth depended on our salaries, DH and I, so we invested in high tech stocks. We've made millions, which we plan to entrust to our kids, so they can continue to invest in emerging technologies. As for jobs, we're not entirely sure what's ahead. Our kids' interest are mainly research or analysis-oriented, one in military security and the other in biomedical research... are these jobs going to go away? I don't think so.[/quote]

Ok? You speculated and it paid off.

How exactly did you make millions off a presumably modest salary?  Leverage? What if it went sideways, would you be homeless — or did you have family who could bail you out?  For some of us speculative investments aren’t viable because of a company goes Enron, we could end up in dire straights. And don’t pretend you had any real acumen here. [/quote]

I do know quite a bit about the industries I invested in, PP, but I do not deny that luck also played a part. Your jealousy is showing here, there is no need to be aggressive.

We invested many years ago, small sums. It led to 25M+. The market did that well. And yes, it takes a certain risk-taking mentality. Not more dangerous than getting into your car and braving the highway every day, but I notice that posters on DCUM are hyper-cautious about investing.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics